UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 851 Shares of Coca-Cola Consolidated, Inc. (NASDAQ:COKE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,501 shares of the company's stock after selling 851 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.17% of Coca-Cola Consolidated worth $19,089,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in COKE. Cetera Advisors LLC grew its stake in shares of Coca-Cola Consolidated by 3.4% in the 1st quarter. Cetera Advisors LLC now owns 420 shares of the company's stock worth $356,000 after acquiring an additional 14 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Coca-Cola Consolidated by 137.0% in the 2nd quarter. GAMMA Investing LLC now owns 64 shares of the company's stock worth $69,000 after buying an additional 37 shares during the last quarter. CWM LLC boosted its holdings in shares of Coca-Cola Consolidated by 17.4% in the 2nd quarter. CWM LLC now owns 101 shares of the company's stock worth $110,000 after buying an additional 15 shares during the last quarter. Linden Thomas Advisory Services LLC purchased a new position in shares of Coca-Cola Consolidated in the 2nd quarter worth about $264,000. Finally, Csenge Advisory Group purchased a new position in shares of Coca-Cola Consolidated in the 2nd quarter worth about $217,000. Institutional investors own 48.24% of the company's stock.

Coca-Cola Consolidated Stock Performance

NASDAQ COKE traded down $26.84 during trading on Friday, hitting $1,290.72. 32,546 shares of the company's stock traded hands, compared to its average volume of 50,807. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of 22.46 and a beta of 0.88. Coca-Cola Consolidated, Inc. has a 12-month low of $789.81 and a 12-month high of $1,376.84. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The business has a 50 day moving average of $1,257.54 and a 200-day moving average of $1,192.46.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. The business had revenue of $1.77 billion for the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%.

About Coca-Cola Consolidated

Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.